Business Hilights

Tracking Nigeria's Headline Business News Online

Month: October 2017

Disquiet in S’East schools over Army free medical service

It was serious pandemonium in parts of Imo, Abia, Anambra and Enugu States between Tuesday and Wednesday following the commencement of the Nigerian Army free medical outreach for civilians in the region. In Imo, several school children were seen running…

Yudala deepens CSR, supports Catholic Gospel Concert

Plans for the 2017 edition of a mega Gospel concert, Unusual Praise 2017, received a big boost recently with the decision of e-commerce giants, Yudala to throw its weight behind the concert which is set to attract a host of…

Nigeria to lose N150bn daily if oil workers go on strike—LCCI

If the planned nationwide strike action planned by the National Union of Petroleum and Natural Gas Workers and the Petroleum and Natural Gas Workers Senior Staff Association of Nigeria goes ahead, the economy will bleed off about N150bn daily. This…

atm-machines
ICT

Less access points frustrating ATM, POS usage—Experts

Experts in financial inclusion and digital transactions have revealed the reasons behind dwindling usage of payment platforms like Point of Sale (POS) and Automated Teller Machines (ATM) nationwide. Explaining the key reasons causing the hiccups, C-Founder of Lidya Group, Ercin…

NCC 99
ICT

CDMA stagnant as active mobile lines jump to 139m million in August

The challenges hobbling the stability of Code Division Multiple Access (CDMA) segment seem unabated as latest telecoms facts and figures rolled out by the regulator the Nigerian Communications Commission (NCC), show that it had 217,566 users in August same with…

Yudala outlet in Lagos
ICT

Yudala mulls ‘11/11-12/12’ promo to boost market share

Yudala, Nigeria’s pioneer online and offline e-commerce outfit is putting finishing touches to a massive year-end promotion that may end up being the biggest e-commerce marketing campaign in Nigeria this year. Tagged 11/11 –12/12, the promotion will run from November…

NASS gives hint on why Kachukwu’s petition leaked

Uzoma Nkem-Abonta (PDP-Abia), a member of the House Committee on Public Petitions has technically presented a lead to what may have transpired to effect the leakage of the petition written to President Muhammadu Buhari by the embattled Minister of State,…

Budget virement culture’ll mess up NASS credibility—Expert

An economist, Dr. Ken Igboanugo has argued that introducing budget virement into Nigeria’s budgeting system will frustrate yearly budget and further suggest that the National Assembly is nothing but a rubber stamp of the executive arm. In an exclusive interview,…

50m Nigerians have no electricity, but Nigeria plans export to ECOWAS

More irony and twist have emerged in the nation’s power crisis. Just as the Permanent Secretary under the Minister of Power, Mr. Edozien last week revealed that government has concluded plans to sell unevacuated electricity to ECOWAS states, on Tuesday,…

AirFrance KLM flyers to buy from Jumia Nigeria with FlyingBlue miles

A new deal that will allow Nigerian-based flyers registered with AirFrance KLM airline’s Flying Blue loyalty scheme buy goods from Jumia Nigeria using their gained miles was on Tuesday, sealed in Lagos. By design, the understanding will give the airline’s…